Posts Tagged ‘deficit’

  • The Congress and the Deficit

    Budget Issues

    Apr 7, 11 • 309 Views • No Comments

    There are so many budget issues. How to remember them? You might think of 3 and 8. 3 decisions: 1) The shutdown: There might be a partial government shutdown on Friday, April 8, because Congress cannot agree on the 2011 budget. So far, where necessary,...  [read more]

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    What is Best For Growth?

    Mar 3, 11 • 232 Views • No Comments

    What if the Congress decides to slash spending by $60 billion right now? Prominent economists are again disagreeing. According to Stanford economist John Taylor, we would have a resurgence of business confidence, renewed investment spending and new jobs....  [read more]

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    Looking For A Reality Check

    Feb 15, 11 • 324 Views • No Comments

    Saying how the U.S. government spends our money, Washington Post columnist Ezra Klein said, “It’s an insurance conglomerate…” His explanation? Medicare, Medicaid and Social Security expenses add up to 2/5 of federal spending. With...  [read more]

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    A Budget Cut Mirage

    Feb 12, 11 • 312 Views • No Comments

    Reacting to concern about the federal deficit, the Republican leadership seems to be targeting $100 billion in discretionary spending cuts. Similarly, for his fiscal 2012 budget, President Obama recommends a 5-year freeze on non-security discretionary...  [read more]

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    How Much Should Grandma Pay?

    Jan 14, 11 • 297 Views • No Comments

    When your Grandma gets her yearly physical, the doctor gets a check from the government. Did you ever wonder, though, who decides how much? Because she had to sign up for Medicare at 65, the market did not decide the price and neither did her doctor. Instead,...  [read more]